Editas Medicine, Inc EDIT

Erictaylor Pro

Another support hold here 13.13. No price below these levels here personally I love this company and think they are going to do big things. This is a long term trade and great entry price. Of course you still have to manage risk which would mean closing weekly body below 13.13 could signal downside beyond historical data. For now 13.13 is still a great area to load up

majed_333 Premium

the pattern is an accumulatio that can lead to 40% gain. god knows SL break of the %16.5

Erictaylor Pro

Finally may have bottomed. I played this W idea buying that flat lower support of this descending triangle target 23$ And if this is a bull flag we could be creating has support at 18.46 with resiatnce combined with descending downward line at 19.11 Seems W pattern neckline is 19.89. If we pop that we need to look for price to comeback and retest as support...

Erictaylor Pro

End of the year for edit seems extremely positive. Results and further company plans will be out to the public. Working on cure for blindness as well as positive tumor shrinking results. This company should be massive but as of now in debt and extremely speculative. Hence the volatility. Is 25$ a reasonable price? Yes in my veiw extremely undervalued. Howver...

Lextrading Pro

Strong volume today. I believe the shares are worth at least $~40.

holmes.michael.p

Editas looks ready to launch on the weekly with a bounce off support and 3x rsi hidden bullish divergence. The full extension of this triangle using the 1.618 gives us 213 dollars as the final take profit. I dont know whats going on fundamentally with this company, but in terms of the technicals: im in.

miguelsique Pro

This one is a Sleeping giant! There is so much indications to go long on this bad boy. EDIT is a true sleeper but when it moves get ready to hit the gears on full throttle. We are seeing tons of accumulation on the TTM indicator it is only a matter of time before the squeeze goes into play. Earnings are right around the corner and good and clear divergence showing...

Erictaylor Pro

Big news big drop back to support 43.65 is an important fib as long as we hold this uptrend shpuld bounce. Lose it back to 38s

katblat Premium

I think EDIT could make its move to $100 if it breaks the resistance in its third attempt. Worth a watch - but not totally confident that it can do it.

Erictaylor Pro

This was a breakout trade I had been charting. Looked like and ascending triangle. We got rejection at 73$ came back to backtest the flat previous reisatnce line as support and failed. I was stopped out of my long. With recent upper rejection, we could make a case it’s a rising wedge not an ascending. Triangle, however this 63$ range would be previous support of...

Erictaylor Pro

Since breakout we go small rejection at 73$ however this is the biggest moment. This is what breakout trading is about. You wait for a confirmed backtest hold of previous resiatnce as support, you wait for a bounce with some confirmed volume. This is exactly what edit is doing. It can fail the hold yea, however if the backtest holds and we don’t start...

Erictaylor Pro

Breaking through resiatnce here I am long at 68.40 we’ll see how this trade goes. Got 39 Shares on this trade. Got 4 hour MACd cross that came in, daily cross should come in soon. Daily rsi is 70 usually peaks around 82. 70$ is always a big resiatnce which seems to be breaking through.

Erictaylor Pro

Trying so hard to breakout. We had a potential fake wick through resiatnce earlier today. We def have to watch and see how this plays out. Of course we can look for volume support , closes above 68.70 level, or even a run and fall back down backtest as support and bounce… breakout trades are my favorite however, sometimes can go south quickly as your buying a a...

The_Grizzly_Bear Pro+

Been in this for a little while now since the change in market structure and added a few times to this position so not the best avg weighted entry but still well in profit. Classic sweep of lows and change in market structure has me excited on this position and more recently over the last month with the gap up above the previous short term high and now the...

Erictaylor Pro

Just as expected got a nice bounce off lower support. Sitting up near ressistance now. Could be ready to breakout soon need to hold above 68.40

katblat Premium

Will EDIT finally see its day? What a loser for such a long time. I initially started getting in this for the break of $100/share and just as I was building my position with common shares, it dumped.... for like 8 months. Looking for $80 / share to exit.

Erictaylor Pro

Keeping eyes on this beast this week. Seems to have formed either a bull pennant or symetrical triangle. Strong resiatnce formed at 70$ range. Haven’t been able to close a 4hour candle above 66.30. I’m looking to see if we can break bullish out of this I may make a trade but confirmation. Is needed. I’ll be watching and waiting for my entry with alerts set. ...

rbswingtrader Premium

We are in Wave 3 and potentially we will make a double top (Close to $100) with this Upmove